Vince Just Took an Aptitude Test and Discovered That He

question 53

Multiple Choice

Vince just took an aptitude test and discovered that he is well-suited to a profession that involves working with his mind rather than his hands. This is partly due to his personality, since knowledge work-in contrast to factory work and other industrial jobs-tends to be ________ from day to day.

• A) lacking in structure, yet the same
• B) more structured and less likely to change
• C) less structured and more likely to change
• D) the same in terms of structure and changes
• E) more complicated, more structured, and more likely to change

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Definitions:

Consumer Good

A product that is purchased by end-users or consumers for personal use.

Resource Demand

The desire and ability of firms or individuals to acquire resources or inputs necessary for production, influenced by their price and productivity.

Demand Decrease

A reduction in the quantity of a product or service wanted by consumers at any given price level.

Production Function

A mathematical relationship expressing the maximum output that can be produced from a given set of inputs in the production process.